The correct answer is A.
GDP consists of all FINAL goods and services, and the only way it can be measured is through market prices.
Answer:
Minimize is the correct answer for plato users
Explanation:
Answer:
$70
Explanation:
Total revenue from three employees:
= No. of gallons of paint produced × Selling price per gallon
= 40 × $15
= $600
Total revenue from four employees:
= No. of gallons of paint produced × Selling price per gallon
= 48 × $15
= $720
Total revenue created by 4th worker:
= Total revenue from four employees - Total revenue from three employees
= $720 - $600
= $120
Cost of hiring 4th worker = $50 per day
Therefore,
Marginal profit for the fourth employee:
= Total revenue created by 4th worker - Cost of hiring 4th worker
= $120 - $50
= $70
John Kenneth Galbraith is an economist, most widely read economists and is considered to be the most well known economist. In the past, he had said that all societies had an economy of scarcity. In the present, the united states had acquired what Galbraith said, calling an economy of abundance.
Answer:
The correct answer is letter "A": Account A.
Explanation:
Compound interest is the interest an investor earns on the original investment plus all the interest earned on the interest that has accumulated over time. It is also called <em>interested on interested</em>. The frequency of compounding could be scheduled from daily to annually. The more frequent the compound interest is set, the most beneficial it is for the investor.
In that sense, account A will provide Julian with the highest annual return since it gives him a compound interest on a monthly basis v. annually with account B.
